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10608 South Drake Avenue

10608 South Drake Avenue, Chicago, IL 60655
Property in Mount Greenwood
Sold Jan 29, 2021
$395,000
$395,000 by United Home Loans Inc
Mortgage Due Jan 01, 2051
10608 South Drake Avenue in Chicago, IL was first built in 1958 and is 66 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a bungalow style. It is a single story home. There are a total of 4 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 10608 South Drake Avenue has 1,174 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 5,822 square feet.

Learn more about the property and building on this page. The roof of the home is made of asphalt. For those who need parking, there is a no garage. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with masonry control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. The exterior walls of the home are made of masonry. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Dec 22, 2020 for $395,000. That's $336.46 per sqft. 10608 South Drake Avenue was last assessed in 2023. The total value of the property was assessed at $23,000. Specifically, the land the property is located on was valued at $5,822. While improvements on the property were assessed at a total of $17,178. The total assessed value for this property is less than the total market value as of this moment. Which is great for tax purposes. The total amount of taxes due from a property owner is $0. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Masonry
  • Building Style: Bungalow
  • Exterior Walls Type: Masonry
  • Roof Cover Type: Asphalt
  • Floor Count: 1
  • Living Units: 1
  • Basement Type: Unfinished basement
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,822
  • Total Building Area: 1,174
  • Gross Building Area: 1,174
  • Building Area: 1,174
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,174
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RESUBDIVISION OF PT LTS 11-13 15-17 IN
  • Land Acres: 0.134
  • Standard Land Use Code: Single family residential
  • Legal Description 1: (RESUBDIVISION) OF PT LTS 11-13 15-17 IN J S HOVLANDS CENTRAL PK SUB OF W20ACS OF S60ACS OF NE SEC 14-37-13

Ownership

  • Current Owner : MCGOVERN BRIAN
  • Previous Owner : BURKE DANIEL
  • Previous Owner 2: BURKE KAREN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Chicago Public School District 299
  • Census Tract: 740200

Zoning

  • Zoning: RS-2

Geography

  • Assessors Map Reference: Jan 01, 1970
  • District: 72
  • Parcel: 24-14-213-140-0000
  • Lot: 11-13
  • Meridian: SEC 14 TWN 37N RNG 13E
  • Municipality: LAKE
  • Latitude: 41.7002
  • Longitude: -87.71

    Address

  • Full Address: 10608 S Drake Ave
  • Address - House Number: 10608
  • Street Direction: S
  • Address - Street Name: Drake
  • Address - Suffix Type: Ave
  • State: IL
  • City Name: Chicago
  • Carrier Code: C029
  • 4-Digit Zip Code: 2506
  • Zip Code: 60655

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 72003

    Appraisal Valuation

  • Standard Deviation: 0.2283
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 68
  • Final Value: 320,144
  • High Value: 393,246
  • Low Value: 247,042

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $395,000
  • First Open Lien Mortgage Lender: UNITED HOME LOANS INC
  • First Open Lien Mortgage Recording Date: Jan 29, 2021
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $395,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2051

    Market Valuation

  • Market Total Value: $230,000
  • Market Land Value: $58,220
  • Market Improvement Value: $171,780

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $23,000
  • Assessed Land Value: $5,822
  • Assessed Improvements Value: $17,178

    Sales

  • Current Sale Contract Date: Dec 22, 2020
  • Current Sale Recording Date: Jan 29, 2021
  • Current Sale Transaction ID: 11815567564
  • Current Sale Price: $395,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 2102949466

    Last Sale Mortgage

  • First Mortgage Lender: UNITED HOME LOANS INC
  • First Mortgage Transaction Date: Jan 29, 2021
  • First Mortgage Loan Amount: $395,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Jan 01, 2051

    Financing

  • First Mortgage Financing Type: Fixed Rate

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Frequently Asked Questions

What neighborhood is 10608 South Drake Avenue located in?
The 10608 South Drake Avenue is a located in the neighborhood of Mount Greenwood in Far South Chicago, Chicago.
What is the average sales price for listings in 10608 South Drake Avenue?
The average sales price for units in 10608 South Drake Avenue is $0 currently.

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